Cedears: technology companies rose more than 6% in tune with Wall Street

Cedears: technology companies rose more than 6% in tune with Wall Street

This day the total volume in equities was $4,188 million, of which $1,363 million corresponded to Argentine shares, and $2,783 million to Cedears.

Signs of slowing economic growth and falling commodity prices tempered expectations about how much the Federal Reserve will raise interest rates to curb inflation.operators said.

On Wall Street, the Dow Jones Industrial Average rose 2.7% to 31,500.68; the S&P 500 index added 3.1% to 3,911.74 units; and the Nasdaq Composite gained 3.3% to 11,607.62 units.

“References to the likely slowdown in the US economy, which could ease the aggressive stance of the Fedalong with lower commodity prices and bond yields: here are the reasons investors cite to justify why we could experience a short-term reboundsaid Sam Stovall, an analyst at CFRA Research in New York.

In the Buenos Aires stock market, the dollar “counted with liqui” (CCL) -operated with the Global 2030 bond- It fell 15 cents this Friday and closed at $237.17, after falling to $5 on the day.

Source: Ambito

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